Money Market Easier as Rate Cuts Cut Currency Premium
January disbursements totaling about 190 million dollars boosted liquidity in New York as discounts fall and call money drops. The Bank of England trimmed its rate from 7 to 6 percent, aligning with U.S. market expectations and easing currency import profit margins.
MENTIONED IN THIS ARTICLE
Bank of England
New York City
London
New York
Berlin Sees Mixed Reaction to Bank of England Rate Cut
German bankers welcomed the Bank of England discount rate reduction but warned against premature optimism. They say German banking conditions are strained and the Imperial Bank may not cut soon due to gold withdrawals for America and domestic demand. Concerns arise over precarious commercial firms and potential failures delaying confidence and cheap money.
MENTIONED IN THIS ARTICLE
Berlin
Bank of England
Germany
America
Protective Committee Seeks Stock Deposit in Chicago Terminal Deal
The Protective Committee of Chicago Terminal Transfer Railroad stockholders issued a circular stating they will not seek further extensions to sell to the Baltimore and Ohio Railroad but will request a general stock deposit with authorization to act. The move follows the failure of the Biltmore Ohio Executive Committee to ratify the agreed sale of preferred stock.
MENTIONED IN THIS ARTICLE
Chicago Terminal Transfer Railroad Company
Baltimore & Ohio Railroad Company
Biltmore & Ohio
Road
Chicago, Burlington & Quincy Railroad Company
New York Trust Company
New York Stocks Exchange
Stock Exchange welcomes Stewart Waelisr and new firm ties
Stewart Waelisr of William Salomon & Co is elected to Stock Exchange membership. Kidder, Peabody & Co opens a New York office at 58 Wall Street, succeeding Baring & Co as New York agents for Laring Brothers & Co of London. Speyer & Co reports Amsterdam listing of Missouri Kansas & Texas Railway Company mortgage bonds. Third Avenue Railroad replaces Morton Trust with Central Trust as trustee on its 4 percent 100 year bonds. Samuel Stewart joins Wills & Stewart & Co, now Wills, Stewart & Co, member of Toronto's Standard Stock Exchange.
MENTIONED IN THIS ARTICLE
Stewart Waelisr
William Salomon & Co
The
Stock Exchange
Kidder, Peabody & Co
Boston
New York
Wall Street
Baring& Co
Laring Brothers & Co., Limited
London
Speyer & Co
Amsterdam
Missouri, Kansas & Texas Railway Company
Amsterdam Exchange
Third Avenue Railroad Company
First Consolidated
Central Trust Company
Morton Trust Company
Samuel Stewart
Wills & Co
Exchange Place
Adelaide Street
Toronto
Canada
Wills, Stewart & Co
Standard Stock Exchange of Toronto
Many New Companies Formed in Albany Incorporations
A batch of Albany area incorporations lists: America Company of Erie County with capital 100000. Maylender Brothers Company of Johnstown capital 60000. Oti Freund Arnold Yeast Company of New York capital 59000. Lily of Francs Corset Company New York capital 30000. Weissberz Rosenstock Ettinger Hornfeld lyn real estate capital 2. Diamond Cork Company Brooklyn capital 10000. Artistic Knit Goods Company Utica capital 50000. Sanit Manufacturing Company New York capital 10000. Boston Colony Fruit Exchange New York capital 10000. Standard Fur Dyeing Company Brooklyn capital 9000. Guttman Painting and Decorating Company New York capital 1000. Charles L. Burton & Co New York broker age capital 1000. Ennuch Hair Emporium Brooklyn capital 5000. Fiora & Co New York liquors capital 1000. Thomas P. Ryan Company New York auditing capital 1000. Associated Literary Press New York capital 10. Edgar C. Bryan Brooklyn contracting capital 5000. Le Sage Quality Drug Stores Far Rockaway capital 3000. Grand Central Building and Construction Company raises capital from 100 to 350000.
MENTIONED IN THIS ARTICLE
America Company
Erie County
Wilbur F. &. Ke
Norwood
Edward C
Washington Square
Theodore W. Finn
West 113Th Street
Joel Alexander
West Eighty-eighth Street
New York
Weissberz
Rosenstock
Ettinger & Hornfeld
Lyn
Rihard Rosenstock
Philip Hornick
Sutter Avenue
Brooklyn
Sam Ettinger
East Second Street
Diamond Cork Company
Capitol
Joseph Mundet
Minnel E. Mundet
Ninety-seventh Street
Joseph H. Fitzpatrick
East
Thirty-ninth Street
Artistic Knit Goods Company
Utica
Onet County
Capital
Willie~ Lewis
Abrams
Mann Building
N. Y
Ll. E
F| Guttman
P. Guttman
F. Ein
East 108d Street
Charles L. Burton & Co
S. M. Burton
Ernest Heath
John J. Dunne
Mary Donohue
Hmily J. Dunne
Ninth Street
Hrooklyn
E. Fiora & Co
Iquors
Santina Flora
Sullivan Street
Tino Mantani
Prince Street
Francie William Russell
Bath Avenue
Thomas. P
Theodore ¥. Bourne
South Willow Street
Montclair
N. J
Ralph H. Raphael
Frank Motl, Jr
Flushing Avenue
Anna Grimsky
Woolsey Avenue
Charles Mott
Second Avenue
Long Island City
le Sage Quality Drug Stores
Far Rockaway
L I
George L. J. Sage
Nina J. le Sage
Jamaica
Ln I
Robert J. Poley
White Plains
Westcheste
New York Times Predicts 1908 Financial Prospects
The Times previews the 1908 financial outlook with articles by renowned authorities. It notes 1907 saw growth in population, agriculture, and trade, with rising bank loans and a growing Treasury surplus. The review asks if the currency should be more elastic and promises expert forecasts next Sunday.
MENTIONED IN THIS ARTICLE
Financial Review
New York Times
United States
Comptroller
U. S
New York Times Annual Financial Review
Next Sunday
Times
Business Men Vote for Ship Subsidy in Chamber Meeting
At the first Chamber of Commerce session of the year President Nash of the Corn Exchange Bank was named Chairman of the Finance Committee. Officers elected included Edward King as Vice President and Cecil F. Shallcross to Insurance. new trustees and committee members were announced amid debates on mail subsidy, harbor control, and a gaslight buoy at Gedney Channel.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Committee On Foreign Commerce
Tumares
Louis Windmuller
G. Waldo Smith
Schwab
South America
Charles S. Smith
A. Foster Higgins
Committee On
Harbor and Shipping
New York Harbor
Jas
Gedney Channel
William A. Nash
Corn Exchange Bank
Finance and Currency
Dumont Clarke
Edward King
D. Wills James
Cecil F. Shallcross
Alexander Maitland
Edwin E. Weathersode
Adolphe Low
Morris K. Jesup
Central Trust Company of New York Report for January 1 1908
Financial statement of Central Trust Co of New York filed January 24 1908 shows assets including bonds mortgages and real estate. It lists liabilities with paid in capital 1 million and sizable deposits totaling 23.96 million along with reserves and accrued interest. J N Wallace president and M Ferguson assistant secretary certify the accuracy under New York law.
MENTIONED IN THIS ARTICLE
State of New York
County of New York
J. N. Wallace
M. Ferguson
Sec’tv
Central Trust Co. of
New York
Wal Street
City of
Insota County
Superintendent of Banks
M. E. Heellstern
Kings Co
City Railway Defaults Hit Subsidiaries
The New York City Railway Company in receivership defers quarterly dividends due Jan 1 on several subsidiary stocks. Lack of funds cited. Rentals for Sixth Avenue at 7 percent, Eighth Avenue at 16 percent, and Broadway Seventh Avenue lines. leases require one month before stockholders can sue.
MENTIONED IN THIS ARTICLE
New York City Railway Company
Hich
Sixth Avenue
Eighth Avenue
Broadway
Seventh Avenue
United States Rubber declares dividends and earnings update
At the directors meeting United States Rubber Company declared regular dividends for the quarter of 2 percent on first preferred and 144 percent on second preferred stocks. Nine month net earnings, December partial estimated, reach 3 240 000, including 583 108.75 in dividends from Rubber Goods Manufacturing Company stock. Dividends payable January 31 with transfer books closed January 13 for stockholders of record.
MENTIONED IN THIS ARTICLE
United States Rubber Company
Trading on the Ex- SM restricted. Swift Co. shares steady
Market notes from Rao report limited trading on the Ex-SM with Swift Co. shares around 88% at noon and closing near 9 dollars. Bond prices edged fractionally as City Railway issues and other securities show small moves. Several preferreds and listed equities such as National Biscuit and Sears Roebuck move modestly while odd prices remain quiet.
MENTIONED IN THIS ARTICLE
New York Times
Rao
Swift Co
National Biscuit
City Railway
Seeesson
Ges
Shipbull Ges
Chicago Phew
Chicago Subway
Occese
National Biscuit Bees
Sears-Roebuck Asset
Swift & Co
United Box Board
United Box Board Pf
Manhattan School Board Members Hold Over Pending Ahearn Ruling
Manhattan school board members will stay in office past their usual year end term as they await a court ruling on John F. Ahearn the Borough President. Corporation Counsel Pendleton concludes nine terms expire December but incumbents remain until successors are appointed and qualified.
MENTIONED IN THIS ARTICLE
John F Ahearn
Manhattan
Egerton Winthrop
Board of Education
Pendleton
Ahearn
Dissolution of Kaufman Golddenstein & Gold Firm
The firm Kaufman Golddenstein and Gold is dissolved this day as Goldstein retires. The remaining two partners continue the business and assume all liabilities of the firm.
MENTIONED IN THIS ARTICLE
Kaufman, Golddenstein & Gold
S ‘Ib Goldenstein
Proposals Sought for Dredging Schodack Creek Mouth
U S Engineer Office New York invites sealed proposals for dredging the mouth of Schodack Creek Hudson River New York. Proposals due February 1 1908 at noon with public opening to follow. Information from John G Knight Col Engr.
MENTIONED IN THIS ARTICLE
U. S
Army Building
New York
N. Y
Schodack Creek
Hudson River
John G. Knight
Engra
United States Trust Co of New York Report 1908 Assets
Bank disclosures show total resources of 62 757 185 93 with bonds mortgages public securities and real estate values. Liabilities list capital surplus deposits and accrued interest totaling 62 757 185 93 with a sworn statement by Kingsley and Ahern on January 2 1908 before a notary.
MENTIONED IN THIS ARTICLE
United States
United States Trust Company OF
New York
State of New York
County of New York
William M. Kingsley
Henry E. Ahern
United States Trust Company of New York
Wall Street
City of New York
Henry F. Ahern
Ad seeks capital for large manufacturing venture in New York
Advertiser seeks four gentlemen capable of supplying capital up to 59000 or 100000 for about six months to fund a large profitable manufacturing business. Ample capital later. option to withdraw or stay. High profits offered with strong security if seen. Best references required. Principals only. Address Westward Box 962 New York Post Office.
MENTIONED IN THIS ARTICLE
York Post Office
Mayer and Loewenstein Dissolve Partnership
Otto Mayer and Ludolph Abraham announce the dissolution by mutual consent of the partnership Mayer & Loewenstein. All assets transferred to the Mayer & Loewenstein corporation which will continue the business and assume the partnership debts.
MENTIONED IN THIS ARTICLE
Mayer & Loewenstein
Corporation of
Otto L. Mayer
Ludolph H. Abraham
Public Notices From New York City Agencies May 1908
A dense batch of 1908 notices announces assessments for Nassau Street area work, bids for fire department repairs, park services, street cleaning supplies, and health department coal and forage contracts. It lists officials including William Jasper, Antonio Zucca, Paul Weimann, James Kennedy, and Francis Lantry, with due dates in January and February for objections or bids.
MENTIONED IN THIS ARTICLE
Normal College OF the City
New York Park Avenue
Sixty-eighth Street
New York
New York City
Board of Education
State Department of Education
City of
United States
A. M
P. M
P.M
Joseph .A. Gillet
Board of Assessors
Borough OF
Manhattan
Thirty-ninth Street
Hudson River
Eleventh Avenue
Broadway
New Y
City Record
Antonio. Zucca
Paul Wermann
James
Board of Assess
Lough
Brooklyn
Nostrand Avenue
Flatbush Avenue
Avenue U
Baa of Assessors
Antonio Zucca
Paul Weimann
James H. Kennedy
Board of
William
Jasper
Borough of Manhattan
Fire Department
City of New York
The
Bronx
Francis J. Lantry
Arsenal Building
Fifth Avenue
Botanical Garden
Henry
Michael J. Kensedy
Parkes
District Court OF the United States
John C. Milne
Walter Turnbull
Milne, Turnbull & CO
United States District Court
United States Court House
East 17Th Street
East 11Th Street
James N. Rosenberg
N. Y
Olcott, Gruber, Fonynge & McManus
Department OF
Park Row
Hache
Harpnessmakers
Foster Crowell
Department OF Health
Fifty-fifth Street
Sixth Avenue
Board of Health
Menthol Health
Rsearch
East Sixateenth Street
Riverside Hospital
North Brother Island
Willow Avenue
East One Hundred and Thirty-Fourth Street
Borough of the Bronx
Kingston Avenue
Fenimore Street
Jamaica
Borough of Queens
County Poor House Farm
Borough of Richmond
Thomas Darlington
M. Ar
Alvah H. Doty
Theodore A. Bingham
Departement of Health
Eat
Sixteenth Street
Brother Island
Omas Darlington D
Theodore A. Bingh
Department OF Public Artes
East Twenty-sixth
Department of Public Charities
Metropolitan Hospital
Blackwell’s Island
Biotropolitan Hospital
Blackwell's Island
Hospitel
Blackwell’ Island
Robert W. Hebberd
Department OF Fublicarities
East Twenty-sixth Street
Public Charities
Cumbereland Street Hospital
Borough of Brooklyn
Mberland
Department OF Bridges
Borough of Manha
Estewat S
Piridges
Velek Po
Sands
Washingston Streets
Boklyn
Brookslyn Bridge
James W
Also Mentioned on This Page
Imperial Bank
Chicago
Protective Committee
Financial Notes
New Yorkey Albany
A. Y
Grand Central Building and Constructio Company
Charles Swanson
West Street
of Commerce Act
President Nash
Corn Exchange
Bank
Committee On Finance
the Central Trust Company OF
Amaois
Fanital
Cees
Chicago Stock Market
New York State
Sieecesse
Essescasseres
A. G Stursburg & CO
A. G. Stursburg
Emil. Neumann
Edwin V. Hadley
Neumann
Empire City Savings Bank
Isaac A. Hopper
Arthur T. Timpson
the Bronx Savings Bank
Tremont and
Park Avenues
William B. Aitken
William E. Stevens
FF. Brevoort Allin
Board of Trustees
Thomas M. Mulry
John J. Pulleyn
Irving Savings Institution
Chambers St
W. H. B. Totten
GEORGE #2
Dunning
Metropolitan Savings Bank
Cooper Institute
Jonathan B. Currey
Edward Sherer
Manhattan Ravings Institution
Toon
Opem
VOM
Joseph Bird
Frank G. Stiles
North River Savings Bank
34Th St. Bet
Samuel D. Styles
Frederick N. Cheshire
Charles F. Turton
Bank For Savings
Fourth Avenue
Walter Trimble
Charles A. Sherman
James Knowles
Yonkers Savings Bank
Yonkers
S. Francis Quick
Charles P. Marsden
Charles F. Hulbert
Brooklyn Savings Bank
Cor
Pierrepont & Clinton Streets
Bryan H. Smith
Felix
Flandreau
Edwin P. Maynard
Tee
Franklin Savings Bank Cor
8Th Avenue
42D Street
Freee Eee
William G Conklin
Ignatius Radley
East River Savings Bank
Dick S. Ramsay
Chas. A. Whitney
NEW York Savings Bank
N. W
Lan
Ist
William Fellinger
James L. Wandling
Archibald M. Pentz
Ss. E. Cor
16Th St
James Quinlan
Charles. M. Dutcher
Treas
J. Hampden Robb
U. S. Steel Ptd
H. Content & Co
William G. Raegle
Richard Trimble
the Franklin Society
Franklin Society
Metropolite
Franklin Society For Home Building and Savings
Befkman Street
Post Offices
BAY State Gas
Harry J. Fitzpatrick
Tel
Hanover
William H. Jasper
Department OF Docks and Ferries
Battery Place
Mbes
Board of Revision of Asents
Quee
Nott Avenue
Jane Street
Prospect Street
Harris Avenue
Hunter Avenue
Steinway Avenue
Vernon Avenue
Newtown
East River
Henry Street
Crescent
Jans Street
Fast River
Amy Street
Academy Street
Graham Avenue
Avenue
Pierce Avenue
Vandeventer Avenue
Emi Ham Avenue
O Avenue
Steinner Street
Balde Wintreet
Grace Street
Jackson Avenue
Potter Avenue
Hoyt Avenue
Trun
DeRevotse Avenue
DeRevolse Avenue
Woolsey
U Sable Avenue
390 Fees
Nott Averue
Hopkins Avenues
Elm Street
Jamaica Avenue
Boulevard
Steinway Avenues
van Alst Avenue
Hopkins Avenue
Grescent
Camelia Street
Sherman Street
Kouwenhoven Street
Grand Avenue
Prospect Avenue
Jackson
van Alst
Ely Avenue
Nott Avenues
Newtown Road
Nott
Skillman Avenue
Crie No
Ninth ‘Street
Avente
Terth Street
First Ward Improvement District
No. 17
Elmtreet
Famacia Avenue
Jamaica Avenues
LINC
Rescent
Kouw
Hoven
Grand Avenues
Tenth Street
Notte Avenue
A. Metz
Prinic Charities
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!